Here are some MCQs on Industries: Types, Policies and Industrial Production Data
1. Industrial production data refers to the measurement of:
a) GDP growth rate
b) Inflation rate
c) Industrial output and activities
d) Stock market performance
2. Which organization in India is responsible for collecting and publishing industrial production data?
a) Reserve Bank of India (RBI)
b) Ministry of Finance
c) Ministry of Statistics and Programme Implementation
d) Securities and Exchange Board of India (SEBI)
3. The index commonly used to measure industrial production in India is:
a) Consumer Price Index (CPI)
b) Wholesale Price Index (WPI)
c) Industrial Production Index (IPI)
d) Gross Domestic Product (GDP)
4. The IPI measures changes in industrial production by considering the production of:
a) Consumer goods only
b) Capital goods only
c) Intermediate goods only
d) All of the above
5. The base year for the calculation of the IPI in India is currently:
a) 2004-05
b) 2010-11
c) 2015-16
d) 2020-21
